Faraday Future plans to go public through a SPAC deal

Faraday Future, the electric vehicle startup with a messy and complicated past, is planning to go public through a special purchase acquisition company (SPAC) deal. The company’s chief executive Carsten Breitfeld told Reuters that the company is working on a reverse merger with a SPAC and “will be able to announce something hopefully quite soon.” […]

Tesla says its battery innovations will deliver its goal of a $25,000 mass market electric car

Tesla held its Battery Day event on Tuesday to discuss a variety of innovations it has developed and is pursuing in battery technology for its vehicles. At the event, Tesla CEO Elon Musk and SVP of Powertrain and Energy Engineering Drew Baglino detailed new anode and cathode technology it’s working on, as well as materials […]

Virtual Mobility startup pitch night applications open

TechCrunch is on the hunt to feature 10 early-stage mobility startups at our virtual TC Sessions: Mobility 2020 pitch night. The pitch-off event, originally set for May, will now be held October 5th — the evening before Mobility 2020.  The top five companies from pitch night will take the stage at the main event with […]

Karma Automotive raises $100 million as it looks to resell it EV platform to other automakers

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The electric Porsche Taycan Turbo has an EPA range of 201 miles

The Porsche Taycan Turbo, one of several variants of the German automaker’s first all-electric vehicles, has an EPA estimated range of 201 miles, according to government ratings posted Wednesday. This is the first variant of the Taycan — Porsche’s first all-electric vehicle — to receive an estimated range from the EPA. The range, which indicates […]

Tesla all-electric ATV makes a surprise debut at Cybertruck event

Tesla CEO Elon Musk definitely didn’t have the most issue-free presentation during last night’s Cybertruck unveil, but he did pull off a pretty impressive “one more thing moment” — revealing a surprise all-electric all-terrain vehicle (ATV) that Tesla created to pair with its futuristic pickup. The Tesla electric ATV didn’t get a lot of time […]

Ford’s all-electric SUV is officially the ‘Mustang Mach-E,’ and you can reserve one starting Nov. 17

Ford has revealed the official name of its forthcoming EV SUV, which has a Mustang lineage and will be officially revealed on November 17 in LA. The new vehicle is called the Mustang Mach-E, and following its official unveiling (hosted by Idris Elba, by the way), you’ll be able to actually sign up online and […]

OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation

Frontier Car Group, the Berlin-based startup building used car marketplaces targeting high-growth, emerging markets, has picked up another significant round of funding from a strategic backer also focusing on the same geographical opportunity. Today, OLX, the online classifieds division Prosus (the digital division of Naspers that listed earlier this year in Europe) announced that it […]

All-electric Mini Cooper SE priced starting at $29,900 in the US

The new all-electric Mini Cooper SE, the first Mini designed from the ground up as an electric car, is going to retail in the U.S. starting at $29,900 (plus an $850 Destination and Handling fee) — before any tax incentives are applied. That puts final pricing as low as around $17,900 when you consider federal […]

Elon Musk predicts Tesla energy could be ‘bigger’ than its EV business

Tesla CEO Elon Musk forecast that the company’s energy business will eventually be the same size as — or even bigger than — its automotive sector, the latest sign that the company plans to put more time and resources to scaling up its solar and storage products. “It could be bigger, but it will certainly be of […]